https://www.taxtmi.com/caselaws?id=338725 For exemption under Notification No. 4/97-CE, the Tribunal held that running gear supplied with the chassis was part of the chassis for valuation purposes. Applying its earlier decision in the assessee's own case, it reasoned that where the assessee merely carried out body building on the chassis, the notification required exclusion of the chassis value from the motor vehicle value and did not justify separate inclusion of the running gear. The running gear value was therefore not includible in the assessable value, and the matter was decided for the assessee. en-us Tue, 31 Jan 2017 00:00:00 +0530 Mon, 12 Nov 2018 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338725 For exemption under Notification No. 4/97-CE, the Tribunal held that running gear supplied with the chassis was part of the chassis for valuation purposes. Applying its earlier decision in the assessee's own case, it reasoned that where the assessee merely carried out body building on the chassis, the notification required exclusion of the chassis value from the motor vehicle value and did not justify separate inclusion of the running gear. The running gear value was therefore not includible in the assessable value, and the matter was decided for the assessee. Case-Laws Central Excise Tue, 31 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338725